Mihai_Iacob

DXY- And up we broke

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CAPITALCOM:DXY   US Dollar Index
On the 26 of August, I said that I expect a break up from DXY, and last Thursday we had this break.
NFP caused a spike down for the index, but bulls quickly managed to recover.
I expect this break to be a genuine one and DXY to continue its up trajectory.
A break above 110 could lead to a test of 112.

My previous DXY analysis:


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